HOW SCHOLARSHIP MONEY RECEIVED IN BANK ACCOUNT.
Answer (1)
19th Jul, 2025
Scholarship money is usually transferred directly to the student's bank account through Direct Benefit Transfer (DBT) mode.
After your scholarship application is verified and approved by the institution and the scholarship portal (like NSP or state portals), the amount is credited to the bank account you provided during registration. It's important that the bank account is in the student’s name, active, and linked with Aadhaar for smooth processing. Students often receive an SMS or email notification once the money is credited.
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